Tag "EU"
Olive oil fraud ‘at record high in EU’
There were reportedly 50 potential cases in the first three months of this year, compared to just 15 in the first quarter of 2018. The Guardian newspaper, citing data released...
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Márton Nagy: a “peace budget” is needed to restart the economy
Economic growth in the second quarter was lower than preliminary expectations, which can be attributed to external factors. The fundamentals of the Hungarian economy are stable and strong, the rebound...
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The economic mood in the EU and the euro area barely changed in July
The economic sentiment index in the euro area and the European Union barely changed in July compared to the previous month, according to a survey of the European Commission’s Directorate...
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This may be the reason for the (temporarily?) low domestic consumption
The standard of living and consumption of Hungarian households has been among the lowest in the European Union for years. While Hungarian consumption showed a significant increase in the 1990s,...
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Are synthetic meat and artificial eggs coming?
On Wednesday, the European Commission announced the registration of two new European citizens’ initiatives. One initiative calls for the closure of animal farms and the production of synthetic meat, while...
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This is how Hungarian average earnings and purchasing power compare to Europeans
There are significant differences in average annual net earnings between European countries, even after adjustments are taken into account. Based on the latest data from Eurostat, Switzerland, Iceland and Luxembourg...
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Eurozone inflation slowed in June
Annual inflation slowed down in the euro area in June, according to the final data published by Eurostat, the statistical office of the European Union, on Wednesday. In June, annual...
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The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was announced, the world’s first truly comprehensive, sector-neutral piece of legislation related to artificial intelligence (“AI”). The new legislation covers all...
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Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
ToxFree Life for All is the EU’s newly launched awareness raising campaign. Its aim is for consumers to reduce the risks of chemicals to their health and the environment. The...
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A complaint was filed against Chinese honey in the EU
With the professional support of the Ministry of Agriculture (AM), the National Hungarian Bee Association (OMME) filed an anti-dumping complaint against honey coming from China to the European Union. 14...
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Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union increased in both monthly and annual comparisons in May. According to data published on Friday by Eurostat, the statistical office...
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Is the era of cheap Chinese stuff over? The EU is introducing tariffs
The European Commission plans to introduce new measures on cheap goods sold by Chinese online retailers such as Temu, AliExpress and Shein. This is intended to deal with the increase...
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Croatia has the cleanest natural bathing waters in Europe
According to this year’s investigation by the European Commission (EC) and the European Environmental Protection Agency (EEA), Croatia has the cleanest natural bathing waters in Europe – the Croatian Tourist...
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EU Presidency – AM: BIOEAST member countries draw attention to the importance of research and innovation related to the sustainable use of natural resources in a joint statement
The consecutive Hungarian EU presidency, in cooperation with the BIOEAST initiative, organized a high-level political forum in Brussels to promote research and innovation in Central and Eastern Europe, the Ministry...
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The EU authorizes the use of genetically modified corn as food and feed
The European Commission has authorized the use of two varieties of genetically modified corn as food and feed, the Brussels body announced on Tuesday. The commission’s authorization decision allows these...
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The economic mood deteriorated in the EU and the euro area in June, and Hungary improved
The economic sentiment index deteriorated in the euro area and the European Union in June, while it improved in Hungary, according to a survey presented on Thursday by the European...
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Restoring the EU’s competitiveness is the most important thing
Restoring the competitiveness of the European Union is the most important priority in the program of the Hungarian EU presidency, said the Parliamentary State Secretary of the Ministry of European...
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From July 7, big changes are coming to the new car market, companies and motorists can count on this
From July 2024, only newly manufactured vehicles can be put on the market in Europe that have the prescribed, advanced safety and driving support systems. According to EU legislation, all...
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Euro zone inflation rose to 2.6 percent in May
Inflation in the Eurozone was 2.6 percent in May, exceeding April’s 2.4 percent, the statistical office of the European Union, Eurostat, announced as final data on Tuesday. A year earlier,...
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Professional organizations: no one should bring plants, seeds, or fruits home from a vacation outside the European Union
The National Chamber of Agriculture, the National Food Chain Safety Office, the Interprofessional Association of Hungarian Ornamental Gardeners and the FruitVeB Hungarian Vegetable and Fruit Product Council advise travelers to...
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In the euro area and the EU, retail sales decreased on a monthly basis in April
In a monthly comparison, retail sales in the euro area and the European Union decreased in April. According to data published on Thursday by Eurostat, the statistical office of the...
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The smallest companies were left behind in the green transition
More and more company leaders are aware of the EU’s carbon neutrality goals. The attitude of company managers is still extremely positive regarding sustainability, but they increasingly feel that compliance...
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Hungary has been in the EU for 20 years: how has GDP per capita changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Economic sentiment improved in the EU and the euro area in May
The economic sentiment index in the euro area and the European Union improved in May, according to the survey presented on Thursday by the European Commission’s Directorate General for Economic...
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The European Commission has created a new agency to regulate artificial intelligence
The European Commission has announced that it will create a new office whose main task will be to regulate the applications of artificial intelligence (AI) in the territory of the...
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The Council of the EU approved the legislation on net zero emission industry
The Council of the European Union has finally approved the legislation on net zero emission industry, the purpose of which is to make the EU’s internal market capable of achieving...
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It is important for Hungary to bring products with the highest possible level of processing to the market
At the handover of GOF Hungary Kft.’s new drying plant, István Nagy emphasized that the goal of the Hungarian agricultural government in the current cycle is for all producers to...
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Germany Supports Closing Loopholes Favoring Chinese E-commerce Growth
Germany endorses a European Union proposal aimed at tightening the tax exemption rules that have aided the expansion of Chinese e-commerce platforms like Temu and Shein. Currently, packages valued under...
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Euro zone inflation was 2.4 percent in April as well after March
In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...
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The EU has extended by one year the rules on the import of Ukrainian and Moldovan products into the EU without customs duties and quantitative restrictions
The Council of the European Union has extended for another year the validity of the temporary trade regulation, according to which Ukraine and Moldova can import their products, including agricultural...
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